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PravdaReport - Russia

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Dollar Surges Past 80 Rubles on Forex as Russian Central Bank Currency Sales Fall
The US dollar briefly climbed above the psychological level of 80 rubles on the Forex market on Tuesday, reflecting a noticeable weakening of the Russian currency. Dollar Breaks Key Psychological Level According to data from Investing, the dollar reached a peak of around 80.43 rubles, marking an increase of more than two percent during trading. This level had last been seen o...

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Former Russian Deputy Defense Minister Detained in Major Corruption Probe
Russian law enforcement authorities have detained former First Deputy Defense Minister Ruslan Tsalikov on suspicion of organizing a criminal organization involved in large-scale corruption schemes, Svetlana Petrenko, an official representative of the Investigative Committee of Russia said. According to investigators, a criminal case has been opened on charges including bribery a...

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Russia’s Recoverable Oil Reserves Estimated at 31 Billion Tons
Russia has sufficient oil reserves for 62 years, though this does not mean that the country will run out of oil over that period, Deputy Prime Minister Alexander Novak stated. Novak delivered a presentation to substantiate his statement during a meeting with students. According to the materials shown, Russia's currently profitable oil reserves amount to approximately 15 billion ...

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Russia Faces Inflation Pressures Despite Expected Rate Cuts
For a significant share of Russian citizens, inflation will represent the principal challenge of 2026, former Russian economy minister Andrei Nechaev said in remarks cited by NSN. He attributed the sharp rise in prices during the first month of the year to an increase in the tax burden. According to Nechaev, the trajectory of inflationary pressures will largely depend on how the...

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Russia Develops New 'Unstoppable' Missile That Outstrips Oreshnik IRBM
Russia is reportedly developing an "unstoppable” hypersonic missile that would surpass the characteristics of the Oreshnik missile system, according to Daily Star. The publication referenced comments by Viktor Baranets, a military observer for Komsomolskaya Pravda, who described the alleged weapon as the "son of Oreshnik.” Claims About Missile Capabilities The article states ...

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